The temperature was dropping, but Georgia’s housing market remained hot in October, according to the Georgia Association of Realtors’ October Housing Indicators Report.

Sales across the state were up 10% from a year ago, while inventory plummeted 40.5%.

Here’s a closer look at the numbers:

• New listings up 1% to 16,163
• Pending sales down 23% to 14,068
• Closed sales up 21% to 14,476
• Inventory down 41% to 25,956 units
• Median sales price down 17% to $266,000
• Average sales price up 19% to $320,970
• Days on market down 19% to 43 days
• Months’ supply of inventory down 45.9% to two months

The report also noted that there was a stark contrast between single-family home sales and condo sales, along with properties under $199,000. “Pending sales were down for all properties priced at $199,000 and below, but increased above the $200,000 price point,” the report noted.

• $124,999 or less – down 11%
• $125,000 – $199,999 – down 10%
• $200,000 – $299,999 – up 20%
• $300,000 and above – up 28%